Howard County joins Big Spring TIRZ, names commissioner representative with one abstention
Commissioners approved an interlocal to participate in Tax Increment Reinvestment Zone No. 2 with the City of Big Spring (county portion 20% of increment through 12/31/2031, capped at $356,899.60) and appointed Commissioner Ray as the county representative; Commissioner Ray abstained from the appointment vote.
The full story
Howard County Commissioners voted April 13 to participate in a Tax Increment Reinvestment Zone (TIRZ) with the City of Big Spring, approving an interlocal agreement that directs 20% of county tax increment to the TIRZ fund through Dec. 31, 2031, with the last payment collectible through 2032 and the county cap set at $356,899.60.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in